While economic growth was down for the month year-over-year, China's economy still grew by 11% in October. During the period, cosmetics sales totaled 18.1 billion yuan, a gain 10.6% year-over-year, according to the National Bureau of Statistics of China.

Of those results, Alibaba Group CEO Daniel Zhang said, “This day demonstrates the power of domestic China consumption, and the Chinese consumer’s strong demand for international products. It also showcases how Alibaba uses big data, cloud computing and mobile innovations to create the best shopping experience for buyers and sellers.”